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Healthpeak Navigates Life Science Headwinds with Strong Outpatient and Senior Housing Performance; Announces Senior Housing REIT Spin-Off

Healthpeak Properties reported resilient fourth-quarter results, driven by strength in its Outpatient Medical and Senior Housing segments, which helped counter a prolonged downturn in Life Science. The company announced a major portfolio repositioning, including a strategic lab acquisition and plans to spin off its Senior Housing portfolio into a new publicly traded REIT, Janus Living.

Business

PayPal Shares Tumble on Subdued 2026 Outlook, Taps HP Veteran Lores as New CEO

PayPal Holdings Inc. delivered a disappointing fourth-quarter earnings report and a profit forecast for 2026 that fell short of analyst expectations, sending its shares tumbling. The payments giant cited a pullback in U.S. consumer spending and a slowdown in its core branded checkout business. In a major leadership shift, the company announced HP Inc.'s Enrique Lores will take over as President and CEO effective March 1.